Property Review

Double Storey Terrace @ Taman Bertam Putra near Tanjung Minyak & Melaka Tengah

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Location

Melaka Tengah, Melaka

Type

Landed House

Price

RM478k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM478,000 entry price is competitive for freehold double-storey terrace in Melaka, offering reasonable value for first-time buyers and investors seeking affordable landed properties, though pricing competitiveness should be verified against comparable projects in the same vicinity.
  • **Location & Connectivity**: Proximity to Tanjung Minyak and Melaka Tengah provides good access to commercial and administrative hubs, but absence of nearby MRT limits public transportation options and may reduce long-term appeal for buyers without personal vehicles.
  • **Risk & Timing**: Unspecified completion timeline presents uncertainty for buyers requiring occupancy predictability; lack of transparency on project timeline and developer track record warrants due diligence before commitment, particularly for those with time-sensitive investment or housing needs.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 33% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM478,000
Melaka MedianRM360,000
Priced 33% above area median

Melaka — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM285,000
2022RM291,000+2.1%
2023RM297,000+2.1%
2024RM304,000+2.4%
2025RM310,000+2.0%
Investment Analysis

Est. Monthly Rental

RM1,400–1,900

Based on similar properties in Melaka

Gross Rental Yield

3.7%–4.7%

Annual rental / property price

Area Price Trend

+8.8%

Verified data 2021–2025

Price-to-Income

5.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Melaka

Median Household Income

RM6,891/mo

DOSM 2024

Mean Household Income

RM8,686/mo

DOSM 2024

Households Above RM8k

~39%

Estimated for Melaka

Comparable Projects

Similar projects in Melaka

ProjectLocationPrice FromStatus
1 & 2 Storey Terrace @ Taman Seri Bertam, Melaka TengahMelaka TengahRM300kNew Launch
Double Storey Cluster @ Taman Nuri Heights, Durian Tunggal, MelakaDurian TunggalRM469kNew Launch
2-Storey Semi-D @ Taman Desa Bertam 2BertamRM549kNew Launch
Why Consider + Risk Factors

Why Consider

  • Affordable freehold landed property in established Melaka location
  • Strategic position near Tanjung Minyak commercial hub
  • Strong investment potential in growing Melaka Tengah area
  • Double storey design offers excellent value proposition
  • Excellent connectivity to Melaka city amenities

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • No MRT/LRT station listed nearby — may affect future demand

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Disclaimer: This report is generated using publicly available data from the government, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.